Honorable Senators and Congressmen,
I realize that this past several weeks you have been working hard on the debt situation for our country. I regret to say that it seems to me that this is a chess game rather than a real attempt to solve a very serious issue for our country.
From watching the news reports, it seems to me that several things are happening:
1. Spending continues at the base line rate and it is not frozen at current levels.
2. The cuts are not cuts, but rather reduction in future increases.
3. The triggers seem to favor the Democrats, since social issues will be considered more favorably than defense.
4. The proposed plan will not prevent the reduction of our country's financial rating, as it falls short of the stated required cut (reduction in spending growth) stated by Moody.
5. The only winner in this game is Mr. Obama, as he gets a pass on dealing with the problems (spending) until a new Congress and/or President is in place.
For these reasons, and several others, I respectfully request that you vote against this plan in front of you, and negotiate a freeze in spending and a reduction of future spending of 1% across the boards. Everybody shares in the pain.
Respectfully,
Monica Richter
Join The Richter Team, Your trusted Coldwell Banker professionals, will keep smart with important real estate market trends and news. Follow us. Thanks, Monica and George
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